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For sale
  • $319,900

    2860 Blue Ridge Dr, Morristown, TN 37814

    4beds
    --sqft
    : 
    $2,036/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 1986
    -- sqft lot
    $309,500 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Updated bathroomsPrivate entranceSeparate drivewayExisting metal roofNew sidingNew windowsStainless steel appliances
    Turnkey Renovated Duplex in Morristown, Tennessee Excellent investment opportunity in West Hamblen County! This fully renovated duplex offers two separate 2-bedroom, 1-bath units situated on a 0.37-acre lot just off Central Church Road. One unit is currently available for rent, providing an opportunity for a new owner to establish rental income at current market rates. Each unit has been extensively updated with new LVP flooring, kitchen cabinets, countertops, stainless steel appliances, updated bathrooms, new windows, and fresh interior and exterior paint. Exterior improvements include new siding, gutters, decks, and updated heating and cooling systems, along with an existing metal roof. Designed with rental functionality in mind, each unit features its own private entrance and separate driveway, providing added privacy and convenience for tenants. The property offers comfortable outdoor space while remaining manageable for an investment property. Based on anticipated market rents of approximately $1,000-$1,200 per unit, the property has the potential to generate approximately $2,000-$2,400 in gross monthly rental income when fully occupied, subject to market conditions and lease terms. Whether you're adding to an existing rental portfolio or purchasing your first multifamily investment, this renovated Morristown duplex offers a strong combination of updated condition, rental potential, and low initial make-ready requirements.
    18 days
    428
    30

    Zillow last checked:

    Listing updated:

    Listed by:

    Amy Quarles Cate 865-389-3517,

    The Cate Group, Realty & Property Management LLC 865-350-6411

    Source: Lakeway Area AOR,MLS#: 712928MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Electric
      Cooling
      • Wall Unit(s)
      Appliances
      • Included: Electric Range, Electric Water Heater, Microwave, Range Hood, Refrigerator
      • Laundry: Electric Dryer Hookup, Main Level, Washer Hookup
      Features
      • Flooring: Luxury Vinyl
      • Windows: Blinds, Vinyl Frames
      • Has basement: No
      • Has fireplace: Yes
      • Fireplace features: Metal
      Interior area
      • Finished area above ground: 1,986
      • Finished area below ground: 0

      Property

      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck, Porch
      Lot
      • Size: 0.37 Acres
      Details
      • Parcel number: 032K A 01600 000

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Ranch
      • Property subtype: Duplex, Multi Family
      Materials
      • Brick
      • Foundation: Block
      • Roof: Asphalt
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1986

      Utilities & green energy

      • Electric: 220 Volts in Laundry, Circuit Breakers
      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Blue Ridge Hts
      HOA
      • Has HOA: No
      Location
      • Region: Morristown

      Financial & listing details

      • Tax assessed value: $205,900
      • Annual tax amount: $1,210
      • Date on market: 9/8/2026
      • Tenant pays: All Utilities
      • Electric utility on property: Yes

        Estimated market value

        $309,500

        $294,000 - $325,000

        $1,443/mo

        Price history

        DateEventPrice
        9/8/2026Listed for sale$319,900+12.2%
        Source: Lakeway Area AOR #712928 Report a problem
        6/15/2026Sold$285,000-5%
        Source: Lakeway Area AOR #711292 Report a problem
        5/2/2026Pending sale$300,000
        Source: Lakeway Area AOR #711292 Report a problem
        4/28/2026Listed for sale$300,000+224.3%
        Source: Lakeway Area AOR #711292 Report a problem
        2/10/2026Sold$92,500+31.2%
        Source: Public Record Report a problem
        11/7/2005Sold$70,500
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,211 +82%$82,360 +144%
        2024$665 $33,760
        2023$665 $33,760
        2022$665 $33,760
        2021$665 $33,760
        2020$665 +4.5%$33,760 +13%
        2019$636 $29,880
        2018$636 +0.1%$29,880
        2017$636 $29,880
        2016$636 +15.1%$29,880
        2015$553 $29,880
        2014-- $29,880 -18.4%
        2013-- $36,640
        2011$678 $36,640
        2010$678 $36,640
        2009-- $36,640 +21%
        2008$666 $30,280
        2007$666 +4.8%$30,280
        2006$636 $30,280
        2005$636 -11%$30,280
        2004$715 +15.4%$30,280 +15.4%
        2003$619 $26,240 +1.8%
        2001-- $25,767 -60%
        2000-- $64,418
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 37814

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Manley
        • Middle: Westview
        • High: West

        Source: Lakeway Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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